93
93
Jan 24, 2013
01/13
by
FBC
tv
eye 93
favorite 0
quote 0
the big story here is that steve cohen is in davos. cheryl: raising money? shaking hands? >> good point. as we know, as we were first to report, they are expecting massive redemptions amid the investigations as well as the criminal probe into the fund managers where cohen was involved, though, it's unclear whether he knew inside information was passed around. that's what's going on. it's clear that the government wants to make a case criminal and civil against cohen, and fcc capital. here's what they are saying, particularly about the civil case. the civil case resulted in a wells notice saying the staff intends to charge the target. the target here is sac, and if they settle, it's going to be a big fine, and they are telling investors, and the questions come up rapidly and a lot as that redemption date where people can pull money at approaches. i think it's february 15th. saying, listen, we are cooperating. we have responded to their wells notice. they are saying that they are not in settlement negotiations, not yet. they have responded. cheryl: that would be premature, w
the big story here is that steve cohen is in davos. cheryl: raising money? shaking hands? >> good point. as we know, as we were first to report, they are expecting massive redemptions amid the investigations as well as the criminal probe into the fund managers where cohen was involved, though, it's unclear whether he knew inside information was passed around. that's what's going on. it's clear that the government wants to make a case criminal and civil against cohen, and fcc capital....
70
70
Jan 24, 2013
01/13
by
CNN
tv
eye 70
favorite 0
quote 0
steve jobs died in october of 2011. now, if, and this is a big if, because betting against apple never paid off for anybody, but this apple does have some issues now. turned out to be longer term. are they tim cook's fault or steve jobs? he's rolling out his products, keeping his view. everything. >> well, to a certain extent, but tim cook isn't steve jobs. the job that -- steve jobs' job, there you go, was a very difficult act to follow and he had an advantage and that was in each case, he was pioneering a new product category from nothing. where as tim cook is in mature markets and he's having to carry those products further, deeper in. where steve would say, oh, to heck with that, let's just start something new and he'd start a new wave over and over and over again. the problem here is the warren buffett problem. warren buffett can't find companies big enough to buy. apple is having trouble finding markets big enough to enter. when year a $400 billion company. >>> thank you very much. appreciate your time. still to c
steve jobs died in october of 2011. now, if, and this is a big if, because betting against apple never paid off for anybody, but this apple does have some issues now. turned out to be longer term. are they tim cook's fault or steve jobs? he's rolling out his products, keeping his view. everything. >> well, to a certain extent, but tim cook isn't steve jobs. the job that -- steve jobs' job, there you go, was a very difficult act to follow and he had an advantage and that was in each case,...
104
104
Jan 28, 2013
01/13
by
CNBC
tv
eye 104
favorite 0
quote 0
steve's tie? >> what do you think of the other side of steve's tie? >> carter, always good to see you. so, we ask now, has apple, though, lost its mojo, even if it does look technically good? according to an article in "the wall street journal," apple may be losing the coolness factor but barron's says apple's glory days are not over. smartphone woes in general, not necessarily apple versus samsung -- >> i don't think apple's alone here. samsung was down right defensive in their guidance if they gave any at all in terms of, they are pointing to seasonal weakness coming up. i think samsung is much better positioned. i think they have the barbell. they are high end, low end, and they dominant the low end. apple is six in china, samsung is number one. if you look at what's going on here, the trade is really to be short samsung. if you look at the pressure going on, this is what we started to put on last week. this is something that you can stay in, because this is a stock that at some point is going
steve's tie? >> what do you think of the other side of steve's tie? >> carter, always good to see you. so, we ask now, has apple, though, lost its mojo, even if it does look technically good? according to an article in "the wall street journal," apple may be losing the coolness factor but barron's says apple's glory days are not over. smartphone woes in general, not necessarily apple versus samsung -- >> i don't think apple's alone here. samsung was down right...
79
79
Jan 26, 2013
01/13
by
FBC
tv
eye 79
favorite 0
quote 0
with that, board of the "wall street journal," steve, thank you for being on. i want to play this for you to respond. >> okay. >> we've got to stop being the stupid party. [laughter] i'm serious. it's time for a new republican party that talks like adults. we had a number of republicans that damaged the brand this year with offensive and bizarre comments. we had enough of that. gerri: what do you think of that? >> well put, about time somebody like bobby spoke out about the republican branding problem, and, you know, the republican party, look, i'm embarrassed to admit it, we're a republican, and we are the stupid party, doing stupid things over the last couple years. just to name a couple examples, republicans should never talk about abortion and rain in the same sentence. it doesn't work. gerri: a nightmare. >> a nightmare. the republicans have to learn how to speak spanish, quite seriously. they need to learn to reach out to a huge percentage of the population, a swing vote, no reason republicans can't be getting the hispanic vote, and, you know, gerri, one
with that, board of the "wall street journal," steve, thank you for being on. i want to play this for you to respond. >> okay. >> we've got to stop being the stupid party. [laughter] i'm serious. it's time for a new republican party that talks like adults. we had a number of republicans that damaged the brand this year with offensive and bizarre comments. we had enough of that. gerri: what do you think of that? >> well put, about time somebody like bobby spoke out...
87
87
Jan 26, 2013
01/13
by
WMAR
tv
eye 87
favorite 0
quote 0
but the bigger threat, is the loss of steve jobs himself. it's been nearly a year and a half since the death of apple's founder and many worry that the company has lost its creative genius. >> apple was very much steve jobs. we saw apple lost its way in the 1980s. they brought steve jobs back and the company once again was focused on innovation and consumer needs and tastes in ways it hadn't been before. the real question is whether apple can replicate the mind of steve jobs. >> how does somebody know what they want if they've never even seen it? >> reporter: with that new movie coming, the part of the real life story still unwritten, is whether apple can invent the next best thing. before anyone else. before consumers realize they even want it. now, apple hasn't completely lost its way. it sold 48 million iphones over the holidays. 23 million ipads and ipad mini. the key for investors, can apple come up with the next big thing. >> an actual apple tv set in your home. >> tim cook has been very cryptic, the tv area is a great interest to the
but the bigger threat, is the loss of steve jobs himself. it's been nearly a year and a half since the death of apple's founder and many worry that the company has lost its creative genius. >> apple was very much steve jobs. we saw apple lost its way in the 1980s. they brought steve jobs back and the company once again was focused on innovation and consumer needs and tastes in ways it hadn't been before. the real question is whether apple can replicate the mind of steve jobs. >> how...
86
86
Jan 24, 2013
01/13
by
CNBC
tv
eye 86
favorite 0
quote 0
steve milunovich joins us live from new york city. steve, always a pleasure. welcome back. >> thank you for having me. >> are you surprised the stock sold off as sharply as it has. >> i am surprised. 10% drop seems a little extreme. the company has issues, but it is performing well. in retrospect i think the problem was that so many people are bullish on the company, sell side, uniformly bullish, few short positions in the stock, just, like, nobody else to turn positive. so we're tending to go back the other way right now. and that 425 target may turn out to be a relatively good guess at the bottom. >> you cut your price target twice in the span of, what, three days, two or three days. i'm curious as to why you put out a note today, which highlights things like lost year of earnings growth, needs a catalyst, estimate revisions, and yet you still have a buy on the stock. want to change that? >> no, we don't want to change that. in retrospect we should have changed it. but we do believe particularly taking a 6 to 12 month view we think there is upside in the sto
steve milunovich joins us live from new york city. steve, always a pleasure. welcome back. >> thank you for having me. >> are you surprised the stock sold off as sharply as it has. >> i am surprised. 10% drop seems a little extreme. the company has issues, but it is performing well. in retrospect i think the problem was that so many people are bullish on the company, sell side, uniformly bullish, few short positions in the stock, just, like, nobody else to turn positive. so...
78
78
Jan 28, 2013
01/13
by
WUSA
tv
eye 78
favorite 0
quote 0
steve marino, only played six tournaments last year. had meniscus tears, cartilage tears in his left knee. he's played quite well. he's been practicing quite hard and training very hard with his trainer joey d. vijay singh's old trainer that so many of the trainers down in south florida go visit for their off-season training and preparation. lost a lot of weight in good shape, ready to go. but hasn't been able to buy a putt since he -- we started watching him yesterday. nick: not being negative. he'd pay a fortune but the outside on him buying this one -- this is going to wander down there and it has its own mind. you can't track this one. just get it started, over the hill and fingers crossed. ian: currently six under par and a tie for 14th. nick: there she goes awandering. first priority is get it there. he's had a good week. good, long haul for these guys. five-day tournament. we sat around in the fog all day saturday. this happened drive these guys nuts because in fog you cannot do anything. ian: and in that fog had you been playing
steve marino, only played six tournaments last year. had meniscus tears, cartilage tears in his left knee. he's played quite well. he's been practicing quite hard and training very hard with his trainer joey d. vijay singh's old trainer that so many of the trainers down in south florida go visit for their off-season training and preparation. lost a lot of weight in good shape, ready to go. but hasn't been able to buy a putt since he -- we started watching him yesterday. nick: not being...
177
177
Jan 24, 2013
01/13
by
CNBC
tv
eye 177
favorite 0
quote 0
so your exuberance last week was irrational steve, that's basically what you're saying. you're willing to go with a two-week number to start changing your mind on what the jobless market looks like? >> i think it's time to think about there being a real job i don't know what the unauthored number was. joe i got to tell you that here in davos aim starting to hear some decent things. the first thing i have to say is people are talking about an end to the financial panic largely brought on as a result of the ecb acting more like the federal reserve and creating essentially an infinite backstop to the currency. doesn't mean the crisis is over. doesn't mean problems are over. but i'm hearing a lot of things like maybe europe has to deal with a bad economic problem, depression is what dalio said, others call it a recession. not having to deal with financial panic is a major step forward. i'm hearing a lot of what dalio also told us about the possibility of risk in the united states, that cash is going to find a home here. i'm hearing fairly optimistic things here about the out
so your exuberance last week was irrational steve, that's basically what you're saying. you're willing to go with a two-week number to start changing your mind on what the jobless market looks like? >> i think it's time to think about there being a real job i don't know what the unauthored number was. joe i got to tell you that here in davos aim starting to hear some decent things. the first thing i have to say is people are talking about an end to the financial panic largely brought on...
146
146
Jan 27, 2013
01/13
by
CSPAN2
tv
eye 146
favorite 0
quote 0
steve jobs desperately wanted to control every element of the customer's experience, every element hoff the design, and they both were not good partners. they really didn't believe in partnership. they believed in the advantages of total control, and that makes them secretive because it's -- the secrecy follows the desire for control, not the secrecy is an end in itself. so, it's fascinating. the other point about exxonmobil and its unpopularity i came to think about over time is, most big industrialized democracies, because of the nature of our energy economy, they all have big state oil companies. bp, and mexico, and most of the states have privatized them but even bp -- were article shatly stalestate owned as recent as the 1980s, exxonmobil is our state oil company. they're a much more coherent expression of our national energy policy then the federal government is, and they're just as powerful relative to the state as tal is so france and even more. so only in america would we have a state oil company that lives in opposition to the state in which it resides. rex tillerson recently
steve jobs desperately wanted to control every element of the customer's experience, every element hoff the design, and they both were not good partners. they really didn't believe in partnership. they believed in the advantages of total control, and that makes them secretive because it's -- the secrecy follows the desire for control, not the secrecy is an end in itself. so, it's fascinating. the other point about exxonmobil and its unpopularity i came to think about over time is, most big...
66
66
Jan 26, 2013
01/13
by
KQEH
tv
eye 66
favorite 0
quote 0
>> well, i think the era of steve jobs is over, and may he rest in peace. he was a wonderful -- he was a design-focused dictator, and i think that when he came out with the iphone in 2007, there was nothing like it, and but then he became about conformity to that standard and control of the marketplace around it. and i think there's more opportunity now for apple to be innovative than ever before in its history. i think the ipad mini is proof of that. that they can break boundaries and they can go beyond what they know how to do. the question is, will they? they still have a lot of really great designeers and really gret product people there. we'll have to wait and see. >> i want to talk just real quickly about another high-tech giant that was in the news this week. google recently beat an antitrust. what was that all about? does it still face other antitrust suits? >> google has been through the ringer when it comes to dealing with the feds both in america and abroad. antitrust is a big part of that whole enchilada there. extremely competitive. they will d
>> well, i think the era of steve jobs is over, and may he rest in peace. he was a wonderful -- he was a design-focused dictator, and i think that when he came out with the iphone in 2007, there was nothing like it, and but then he became about conformity to that standard and control of the marketplace around it. and i think there's more opportunity now for apple to be innovative than ever before in its history. i think the ipad mini is proof of that. that they can break boundaries and...
117
117
Jan 29, 2013
01/13
by
MSNBCW
tv
eye 117
favorite 0
quote 0
obviously, as steve pointed out that is no longer going to be possible. >> steve, it was striking during the republican primary to see newt gingrich, for example, who made a plea for humane treatment in here. and for consideration about families and family unity, kinds of issues that you would -- he framed it in a way that you could imagine appealing to conservatives. and he pretty much got booed by the republican primary debate audience when he tried that. but it seems that the mccains of the world were watching that and realized that if this election goes the other way they're obviously going to have to find their way back to where you know, john mccain used to be. >> there is no doubt between 2007 and 2012, just recently as november this was an issue that as a republican if you went out and talked about you have to solve this problem, that we have to deal in a compassionate way with the people that are already in the room. after a loss, this is a math issue, it is pretty simple to look at it. i think the people of the party have an interest of winning elections because if we don't win
obviously, as steve pointed out that is no longer going to be possible. >> steve, it was striking during the republican primary to see newt gingrich, for example, who made a plea for humane treatment in here. and for consideration about families and family unity, kinds of issues that you would -- he framed it in a way that you could imagine appealing to conservatives. and he pretty much got booed by the republican primary debate audience when he tried that. but it seems that the mccains...
69
69
Jan 23, 2013
01/13
by
CNBC
tv
eye 69
favorite 0
quote 0
. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i said that facetiously. if that's your idea of innovation, tuti fruity colors instead of black and white, i think it's over. >> if we close below 480, we could see 425 quickly and you said you think it's ultimately going lower. what are your guesses on that? >> oh, i don't know. probably somewhere in the 300 zone, ultimately, would be a sensible place. it would be cheap there, probably. we have to see how the world economy looks and everything else about the company. but that's the level where it's really cheap. >> and the huge cash stockpile? $137 billion, a lot of that value investors will say t
. >> jeff, how much of this has to do with -- i saw one of your tag lines for steve jobs. when he died, it was known in the pipeline we had 18 months still left of apple ideas. how much do you think people are just saying it's over? >> i think it sort of is over. we talked about this in november when i said, you know, what's good to be next? you come out with iphones and hot flashy colors? i think they're actually doing that. i think they're coming out with the tooty fruity one. i...
219
219
Jan 25, 2013
01/13
by
CNBC
tv
eye 219
favorite 0
quote 0
they've lost steve jobs. you know, i think once you get to a certain point there are no buyers at the margin when you're as big a percentage in the market as apple. >> would you rather own xon at this point? >> i think with the changes in india and china in terms of oil consumption i'll put my bet with exxon on this one. >> okay. >> all right. very good. >> i don't own it. it is too big a company for us in intrepid capital but that is where i would bet. >> not exactly the small world. >> thank you, gentlemen. have a good weekend. appreciate your insight. thanks for joining us. >> thanks for having me. >> glad you found your way back. >> so the dow is ontrack for the best january since 1994. it has lost ground in only four sessions this month so far. >> indeed. we've got the weeks winners and losers. >> positive economic data and earnings fuel the nasdaq and the dow -- excuse me the dow and s&p 500 to new highs. let's talk about the individual movers. first proctor and gamble the big winner the profit beat str
they've lost steve jobs. you know, i think once you get to a certain point there are no buyers at the margin when you're as big a percentage in the market as apple. >> would you rather own xon at this point? >> i think with the changes in india and china in terms of oil consumption i'll put my bet with exxon on this one. >> okay. >> all right. very good. >> i don't own it. it is too big a company for us in intrepid capital but that is where i would bet. >>...
171
171
Jan 27, 2013
01/13
by
KPIX
tv
eye 171
favorite 0
quote 0
he will talk about his experience as steve jobs. apple disappointed wall street with the greatest report. >> netflix brought in an income of nearly $8 million. it's still big questions out there. far look behind the numbers, personal tech columnist for the mercury news. what is going on with apple? >> apple is going through a transition period now. they are moving for high growth. they've been growing at something like 80% revenue year over year growth. phenomenal growth and they're slowing down. their revenue grew this past corner. but their earnings didn't grow at all. they're predicting the next quarter, they're earnings will decline. >> is this just a case of people already having the iphone? maybe waiting for the next version come out. people are just not buying now until they release the new t hing? >> i don't think it's that so much, the iphone sales grew and grew significantly. the bigger problem is that people are trading in for ipads. they're trading in for smaller ipads. they make less money, they say their ipad minute is
he will talk about his experience as steve jobs. apple disappointed wall street with the greatest report. >> netflix brought in an income of nearly $8 million. it's still big questions out there. far look behind the numbers, personal tech columnist for the mercury news. what is going on with apple? >> apple is going through a transition period now. they are moving for high growth. they've been growing at something like 80% revenue year over year growth. phenomenal growth and they're...
256
256
Jan 26, 2013
01/13
by
KGO
tv
eye 256
favorite 0
quote 0
but what would steve jobs think of his portrayal? >> i think he would have been offended and embarrassed by it, just like myself. i think steve would say, you know, that was a little bit too phony. >> reporter: in response to wozniak's critique, a film's publicist told "entertainment weekly" that it's not a historical film. wozniak said he watched one scene. and the entire film might be great. >> mr. muller, we should say. a little behind-the-scenes drama here. as john is trying to deliver the news, ron claiborne on the other side of the desk is mocking him openly. >> i'm not mocking. i'm hopping around here, trying to throw him off his mark a little bit. john's a pro. >> he is. >> thank you, ron. >>> good morning, everyone. in the news, president obama will launch a campaign for immigration overhaul next week. a top priority in his second term. the president will be in las vegas, nevada, to begin his push. meanwhile, a group of senators is said to be close to a bipartisan deal on immigration. >>> and thousands of people devended on
but what would steve jobs think of his portrayal? >> i think he would have been offended and embarrassed by it, just like myself. i think steve would say, you know, that was a little bit too phony. >> reporter: in response to wozniak's critique, a film's publicist told "entertainment weekly" that it's not a historical film. wozniak said he watched one scene. and the entire film might be great. >> mr. muller, we should say. a little behind-the-scenes drama here. as...
123
123
Jan 23, 2013
01/13
by
KNTV
tv
eye 123
favorite 0
quote 0
this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is what the weather caused. a chicago warehouse gutted by flames now just looks like an ice castle. it was so cold when firefighters were dousing the abandoned warehouse with water and it turned into ice instantly. this happened last night in chicago. a five-alarm fire ripping through the building. temperatures dipping to a below freezing 10 degrees. so the wind chill even colder out there in chicago. it looks like they poured snow over it. >> i have never seen anything like that before. >> bizarre, crazy. >>> you were calling for rain and you called it. >> you look at scenes like that and we really don't have much to tell yo
this morning the former head of palm told reuterses that then-apple ceo steve jobs actually threatened to hit palm with expensive patent suits if it kept hiring apple executives. it's easy to forget it wasn't that long ago palm actually worried apple. they were very early to smartphones and nabbed a number of very talented apple leaders. back to you. >> scott mcgrew, thank you very much. >> thank you. >>> first came the fire and then the ice. >> that's right. this is...
68
68
Jan 24, 2013
01/13
by
FBC
tv
eye 68
favorite 0
quote 0
. >> i think steve forgot -- this is an inaugural address. >> it did not sound like it. >> if we sit hereafter the state of the union, and president did not discuss the debt, i will say you are right, but an inaugural address is about something else, it is not about deficits, it is about his lofty goals. >> he was in your face, this is what i'm going to do, this is what i'm going to push through, and deal with it, that was the at computer. >> that is not it -- was the attitude. >> that is not it, he never said he doesn't know there will be reforming a involved. he said the opposite, you will hear that. neil: hope springs eternal. only reason why i put that in some context, kiddingly, but to make the bigger point is, this just, disconnect to your point about a washington that is just saying one thing, doing another, liverring in a bubble. -- living in a bubble. and it is to the point now where it is all for show. a great show, i know many guys who were watching beyonce, didn't care if she got the words right or accurate. so, is that a sign of the times right now? in washington the way
. >> i think steve forgot -- this is an inaugural address. >> it did not sound like it. >> if we sit hereafter the state of the union, and president did not discuss the debt, i will say you are right, but an inaugural address is about something else, it is not about deficits, it is about his lofty goals. >> he was in your face, this is what i'm going to do, this is what i'm going to push through, and deal with it, that was the at computer. >> that is not it -- was...
394
394
Jan 24, 2013
01/13
by
CNBC
tv
eye 394
favorite 0
quote 0
. >> what was steve jobs really good at? not only innovation but attention to detail, and what is the best maps product on the iphone? it's not made by apple. >> google maps. >> that was not good and we forget and did this on "street signs" yesterday. there were a number of apple flops that they swept under the carpet sdmt executive in charge is no longer with the firm. >> very true, but what would have happened had steve jobs been there. that's an open question. >> the ipad mini have sole. >> on i don't know and number one there's android, android is very, very popular shlgt particularly in southeast aya, almost the incumbent on that particular turf. do you think iphone an apple will step on that turf? >> a hard question. tim cook met with china mobile's chairman in early january, hopefully to work out some way to get on their proprietary network. that's hard and apple will struggle against boegt phone-makers there. has budget phones. look at the iphone 4 and 4is, amazing products. >> they are also a year also and other com
. >> what was steve jobs really good at? not only innovation but attention to detail, and what is the best maps product on the iphone? it's not made by apple. >> google maps. >> that was not good and we forget and did this on "street signs" yesterday. there were a number of apple flops that they swept under the carpet sdmt executive in charge is no longer with the firm. >> very true, but what would have happened had steve jobs been there. that's an open...
78
78
Jan 25, 2013
01/13
by
WMAR
tv
eye 78
favorite 0
quote 0
. >>> coming up next, ashton kutcher takes his turn as the one and only steve jobs. our first look at the movie premiering at sundance today. >>> and just in the nick of time, a rash of rescues, as floodwaters surprise people down under. >>> welcome back, everybody. kia motors is getting ready to settle false mileage claims. the south korean automaker is putting aside nearly $200 million to compensate owners after admitting it overstated the fuel economy on over 1 million vehicles sold in north america. >>> the boeing 787 dreamliner is still grounded after a rash of mechanical problems. investigators say safety backups failed on at least one of the planes, allowing a battery fire earlier this month. nippon airways that has more 787s than any other airline, has canceled almost 500 dreamliner flights so far. >>> and this week can't end soon enough for apple. its stock fell more than 12% yesterday after a disappointing earnings report. many analysts are now lowering their estimates for the company. apple is also terminated a subcontractor in china that was using under-a
. >>> coming up next, ashton kutcher takes his turn as the one and only steve jobs. our first look at the movie premiering at sundance today. >>> and just in the nick of time, a rash of rescues, as floodwaters surprise people down under. >>> welcome back, everybody. kia motors is getting ready to settle false mileage claims. the south korean automaker is putting aside nearly $200 million to compensate owners after admitting it overstated the fuel economy on over 1...
133
133
Jan 25, 2013
01/13
by
FBC
tv
eye 133
favorite 0
quote 1
steve forbes is here to weigh in on that. sandra: find out why the money market fund industry is trying to keep you from your own money in times of crisis. ♪ sandra: s&p 500 futures closing right now ahead of the weekend. let's head back to mark ses -- sebastion in the pits of the cme. how are things looking?. >> looks like we gave away couple points after the bell. cash is 1500 right now in the s&p. watch those s&p levels. the s&ps need to break the 1500 level. that is the tradable asset. if that breaks 1500 that could lead into breakout next week and lead to some momentum that is something i will watch mopped and tuesday. sandra: thanks so much, mark. david: thanks, mark. shares of radioshack, haven't heard much about that. they are soaring today. nicole is on the floor of nyse to tell us why. >> very interesting. radioshack is a stock beaten down, out of favor, certainly not the hot stock of wall street. what is interesting today, we had deutsche bank coming out saying retailer is quote, pretty significant crossroads. we
steve forbes is here to weigh in on that. sandra: find out why the money market fund industry is trying to keep you from your own money in times of crisis. ♪ sandra: s&p 500 futures closing right now ahead of the weekend. let's head back to mark ses -- sebastion in the pits of the cme. how are things looking?. >> looks like we gave away couple points after the bell. cash is 1500 right now in the s&p. watch those s&p levels. the s&ps need to break the 1500 level. that is...
547
547
Jan 26, 2013
01/13
by
WMAR
tv
eye 547
favorite 0
quote 0
apple co-founder, steve wozniak. after a viewing preview clip of this movie, he tells abc news, they got it all wrong. >> what you're working on, while you're working on it. >> okay. >> it's freedom. >> reporter: it may be entertaining. but is this newly-released clip from the picture "jobs" true to life? "good morning america" asked the guy who would know, apple co-founder, steve wozniak. he's played in the film by actor josh gad. his response? >> i don't know. the clip i saw was just so far from anything that really happened or said in those days. >> nobody wants to buy a computer. >> reporter: in the clip, jobs and wozniak are arguing over the merits of building a personal computer for home use. overnight, wozniak told us the first thing that struck him as inaccurate were the personalities. ashton kutcher portrays jobs as a tech visionary. a role wozniak said jobs didn't truly embrace until later in life. >> as far as the penalties that were in that scene, this was ridiculous. like steve jobs is some sort of overs
apple co-founder, steve wozniak. after a viewing preview clip of this movie, he tells abc news, they got it all wrong. >> what you're working on, while you're working on it. >> okay. >> it's freedom. >> reporter: it may be entertaining. but is this newly-released clip from the picture "jobs" true to life? "good morning america" asked the guy who would know, apple co-founder, steve wozniak. he's played in the film by actor josh gad. his response?...
158
158
Jan 23, 2013
01/13
by
FBC
tv
eye 158
favorite 0
quote 0
david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i think that could be a fair comparison. certainly each investor has to make their own opinion. i do think it is too early to seal the tim cook legacy based on one quarter miss and certainly a little bit over a year after his death. you know i think innovation can still come back with this company. 47, 48 million units of iphones sales may be a couple million lighter than consensus and not in that range but certainly not a disasterous number by any means. it is still a very popular product. sandra: you're certainly trying to find the silver lining in all of this. we go to shibani and she is looking thro
david: steve jobs, i know it is unfair to compare him to steve jobs but hey, you have to compare him with his predecessor. steve jobs was always a leader. his products were always leading the market. wasn't so much what was in it. everybody had access to the stuff and chips and everything in it. it was the product he brought forth that was so different that led the market. a lot of people see tim cook as a follower, not a leader. is that a fair or unfair comparison? >> i think that's, i...
221
221
Jan 27, 2013
01/13
by
KGO
tv
eye 221
favorite 0
quote 0
many worried the company has lost its creative genius. >> apple was very much steve jobs. we saw apple lost its way once in in the 1980s affeldt he left and a lot of people left apple for dead. they brought steve jobs back and the company once again was focused on products and invasion and consumer needs and consumer tastes in ways that had hadn't been before. the real question is whether apple can replicate the mind of steve jobs. >> how does someone know what they want if they have never even seen it? >> with that movie, the real life story still unwritten, whether apple can continue iten -- inventing the next big thing before anyone else and before consumers realize they even want it. >> that was abc news reporter bianna reporting. >> new this morning, construction on the new high-speed rail line is supposed to begin across the san joaquin valley in july. but the state has yet to buy a single acre of land along the proposed route. officials hope to begin making offers over the next several weeks but that would only be the first step. the l.a. times said a convoluted leg
many worried the company has lost its creative genius. >> apple was very much steve jobs. we saw apple lost its way once in in the 1980s affeldt he left and a lot of people left apple for dead. they brought steve jobs back and the company once again was focused on products and invasion and consumer needs and consumer tastes in ways that had hadn't been before. the real question is whether apple can replicate the mind of steve jobs. >> how does someone know what they want if they...
108
108
Jan 23, 2013
01/13
by
CNBC
tv
eye 108
favorite 0
quote 0
now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like stocks? >> very stimulative. europe will have to start printing money as well to deal with their issues so you don't want to fight that liquidity. >> earnings don't matter then? >> earnings do matter. i think probably revenue will matter a lot more than earnings by the end of 2013. earnings matter and fundamentals matter but the backdrop is we know what we think may not be relevant or what bernanke thinks is relative, he'll keep this a liquid environment for the foreseeable future. >> jim bianco, earnings matter. steve's liked to the earnings so far
now it will be steve 19. there's no austerity. >> what michael is saying in a very long-winded way is don't fight the fed. not fighting the fed. the fed, europe, japan's now with b to go hog wild. >> sure, sure. >> the whole world is printing new money. >> abe, the new prime minister of japan, japan is at least discussing a new quantitative easing scheme for them. they are going to be printing a lot of yen. >> the point is all that tends to be good for assets like...
137
137
Jan 25, 2013
01/13
by
CNBC
tv
eye 137
favorite 0
quote 0
he is like steve cortez in that regard. >> indeed he is. we're counting down with 30 minutes to go before the final trades are in for the week. in fact we're moving a little higher from where we last checked the dow. currently up by 56 points and in fact sitting at the best january so far since 1994. >> what were you doing -- well we'll talk about that later. the on air throwdown everyone is ta still talking about. bill ackman versus carl icahn. >> this is not an honest guy. this is not a guy who keeps his word. this is a guy who takes advantage of little people. >> the quintessential example that on wall street if you want a friend get a dog. >> we got more reaction to that clash and what is behind it coming up. plus let us know whether you're on team icahn or team ackman. who won the battle of the titans? tweet us at closing bell. don't forget you can see the whole battle right now on cnbc.com. >> and then later on, folks, maria's interview with bill gates. where you will hear a very interesting revelation about the kind of smart phone hi
he is like steve cortez in that regard. >> indeed he is. we're counting down with 30 minutes to go before the final trades are in for the week. in fact we're moving a little higher from where we last checked the dow. currently up by 56 points and in fact sitting at the best january so far since 1994. >> what were you doing -- well we'll talk about that later. the on air throwdown everyone is ta still talking about. bill ackman versus carl icahn. >> this is not an honest guy....
283
283
Jan 23, 2013
01/13
by
CNBC
tv
eye 283
favorite 0
quote 0
. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is at&t about cutting back on that subsidy. with other companies picking up more share, doesn't apple have less of a stand to say we want to keep that subsidy? >> well, the carriers have also been vocal apple has better usage trends. so when you get an iphone in your hands, although the carriers had to pay a larger upfront subsidy, they also get a higher stream of monthly service contract fees on a go-forward basis, and i think as long as apple can bring out innovative products and drive customer taste, the carriers will have to go al
. >> steve weiss? >> you know, the stock has come down, as you point out, but apple is not without blame here in terms of the decline in the stock. there aren't that many companies that miss three out of five quarters that hold an all-time high price. but one issue i'd like you to address, as john pointed out, what apple gets in terms of subsidies is far above, almost 50% what a better selling phone gets from the phone companies. and verizon was very vocal and has been as is...
51
51
Jan 29, 2013
01/13
by
CNBC
tv
eye 51
favorite 0
quote 0
steve, thank you very much for joining us. >> coming up. the shocking statement in europe that is putting one president to shame. >> good news for you, brian. we have an upgrade for your stock pick. it is best buy. talking bought analyst. he says buy maybe best buy. coming up. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a mercedes-benz through and through. see your authorized mercedes-benz dealer for exceptional offers through mercedes-benz financial services. >>> we certainly love bold calls here on "street signs." if this isn't bold, i don't know what is. an upgrade on best buy. yeah, you heard us right. let us bring in the brave soul making the call, from capital markets. anthony, you and i have interviewed many times in the pass. so i know you are a sane man. make the case for the best buy. >> a man after your own heart perhaps? >> sure. basically there's three main parts to our n
steve, thank you very much for joining us. >> coming up. the shocking statement in europe that is putting one president to shame. >> good news for you, brian. we have an upgrade for your stock pick. it is best buy. talking bought analyst. he says buy maybe best buy. coming up. [ engine revving ] ♪ [ male announcer ] every car we build must make adrenaline pump and pulses quicken. ♪ to help you not just to stay alive... but feel alive. the new c class is no exception. it's a...
169
169
Jan 29, 2013
01/13
by
CNBC
tv
eye 169
favorite 0
quote 0
steve liesman with the question. over to you, steve. >> very simple answer, maria, not any time soon. our cnbc fed survey for the month of january. we asked 52 economists, fund managers and wall street strategists how much quantitative easing will the fed do 2013, and can you just tell by this chart what the answer is. this is the percentage of respondents at a given level and the big number here is $1 trillion. if you average it out for all the respondents, it's 858 billion of asset purchases by the federal reserve this year. now that averages out to about $72 billion a monday. under the current level, that's because they believe the fed will eventually taper off, and that could begin this year, but not end it. let's take a look at when on average our respondents think that the fed will finally end question. you can see the biggest percentage here say it is in the fourth quarter, but a lot of answers go well into the third quarter, 2014, 20% here and 22% there. not a lot of conviction when it comes here. what's more
steve liesman with the question. over to you, steve. >> very simple answer, maria, not any time soon. our cnbc fed survey for the month of january. we asked 52 economists, fund managers and wall street strategists how much quantitative easing will the fed do 2013, and can you just tell by this chart what the answer is. this is the percentage of respondents at a given level and the big number here is $1 trillion. if you average it out for all the respondents, it's 858 billion of asset...
196
196
Jan 24, 2013
01/13
by
CNBC
tv
eye 196
favorite 0
quote 0
steve milanovic coming up. don't miss that. >> interesting note. thanks, scott. >>> to the capital markets, gary kaminsky with the man behind the best performing hedge fund. >> i'm joined by metacapital's deepak narula. you were up 41% last year in the managing partner of the fund. we got the five year data to show as well. it has been a very good five years. very good 2012. how did you achieve the results in terms of not just last year, but since the credit crisis? >> thanks, gary. actually maybe step back a little, it wasn't just us. i would say the mortgage hedge fund industry, the group in aggregate posted a good performance. if you look last year, on average, mortgage hedge funds up over 20%. and it is not the first year. it is not surprising because if you look at some of the reasons, they are structural. total capital, that's managed by mortgage hedge fund managers, maybe 60 billions. that's over $10 trillion outstanding. compare that to long sho shore equity managers. the managers have been able to take advantage of. >> in terms of being op
steve milanovic coming up. don't miss that. >> interesting note. thanks, scott. >>> to the capital markets, gary kaminsky with the man behind the best performing hedge fund. >> i'm joined by metacapital's deepak narula. you were up 41% last year in the managing partner of the fund. we got the five year data to show as well. it has been a very good five years. very good 2012. how did you achieve the results in terms of not just last year, but since the credit crisis?...
174
174
Jan 25, 2013
01/13
by
CNBC
tv
eye 174
favorite 0
quote 0
steve, the market does continue. this creep higher earnings news comes in but expectations had come down so much perhaps the bar was low enough for the companies to meet the expectations or exceed them in many cases. where do we go from here? >> i think that's a good point. expectations are what the market trades on. expectations were low enough where companies by and large had come out with beats. expectations on the global economy were weak. draghi came out with second half growth in europe this year. we had other good news in the economy. housing starts not as good. i bet we see a good jobs number next week on top of claims yesterday. claims continue to go much higher. >> what will happen as you get more gains. >> i like technology. we are seeing them come out and spend. they are hiring as well. that means more technology. you have to be careful. you can't go into the old tech names. play the qualcomms. i continue to like financials. i think that will be a great story. i like the banks. >> pete, what's your story?
steve, the market does continue. this creep higher earnings news comes in but expectations had come down so much perhaps the bar was low enough for the companies to meet the expectations or exceed them in many cases. where do we go from here? >> i think that's a good point. expectations are what the market trades on. expectations were low enough where companies by and large had come out with beats. expectations on the global economy were weak. draghi came out with second half growth in...